Ethereum
BTC, ETH, XRP, DOGE, SHIB, ADA and BNB price prediction for June 22
Read U.TODAY on
Google News
Most coins are facing a rebound, according to CoinStats.
Best pieces by CoinStats
BTC/USD
The price of Bitcoin (BTC) has increased by almost 1% in the last 24 hours.
Image of Trading View
Despite today’s slight rise, the BTC rate remains bearish as the price is near the support level of $64,032. If no bounce occurs, there is a chance to see a breakout, followed by a move towards the $63,000 area.
Bitcoin is trading at $64,263 at press time.
ETH/USD
Ethereum (ETH) followed BTC’s rise, rising 0.7%.
Image of Trading View
From a technical perspective, the price of ETH is moving sideways, meaning neither side is dominant. In this case, an ongoing consolidation in the $3,450-$3,550 area is the most likely scenario for the next few days.
Ethereum is trading at $3,504 at press time.
XRP/USD
XRP is no exception to the rule, up 0.43%.
Image of Trading View
A similar picture can be seen on the daily chart of XRP. Volatility is reduced, meaning neither buyers nor sellers have taken the initiative. Overall, traders are unlikely to see any sharp rises or falls anytime soon.
XRP is trading at $0.4871 at press time.
DOGE/USD
DOGE is one of the biggest gainers today, up 2.22%.
Image of Trading View
On the daily chart, DOGE price is increasing after yesterday’s bearish close. If the candle closes above $0.1257, the upward movement may continue shortly up to the resistance level of $0.12929.
DOGE is trading at $0.1251 at press time.
SHIB/USD
The SHIB rate increased by 0.68% over the last 24 hours.
Image of Trading View
SHIB price is far from main levels. However, if today’s bar closes above yesterday’s candle peak, traders can expect a bounce up to the $0.00001893 level next week.
SHIB is trading at $0.00001811 at press time.
ADA/USD
Cardano (ADA) rate followed the rise of other coins, increasing by 1.63%.
Image of Trading View
From a technical point of view, one should focus on closing today’s bar relative to yesterday’s high.
If this happens above, the accumulated energy could be enough to test the resistance level.
ADA is trading at $0.3887 at press time.
BNB/USD
Binance Coin (BNB) rate increased by 1.04%.
Image of Trading View
Despite today’s slight rise, BNB price remains bearish rather than bullish as it sits near the $580 support level. If a rebound does not occur soon, we can expect a breakout, followed by a downward move towards the $570 area.
BNB is trading at $587 at press time.
About the Author
Denys Serhiichuk
With over 5 years of experience in trading, Denys has in-depth knowledge of technical and fundamental market analysis. He mainly started his blog on TradingView, where he posts all the relevant information and makes predictions about major coins.
Thus, his experience is enhanced by his work in leading blockchain-related companies such as W12, Platinum Listing, ATB Coin and others, which can be contacted at denys.serhiichuk@u.today.